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Updated almost 7 years ago, 02/08/2018
How to find investors
I need help finding investors. I have a guy finding me off-market real estate deals but I’m having trouble finding investors. So what are some suggestions for putting together a buyers list? FYI I have been to some networking events and exchanged business cards and while I have made a couple of good connections not much has come from it. Thanks for your help.
Start advertising the deals on BP & craigslist and as the inquiries come in, add them to your list. Maybe also reach out to some local HML and see if they'd want to put you in touch with some of their clients (best would probably be to have a deal ready, contact the HML and ask them to distribute). Just some thoughts. What types of properties do you look for?
Hey thanks for your help Carl! Were you asking what kind of deals I look for or what kind of deals I get?
Finding investors is all about building relationships. Most investors are evaluating you as much as the specific opportunity. If you are trying to build your own list of investors, you need to be out there, consistently, meeting with people, following up, showing them potential opportunities. Over time they will see you are consistent, you are trustworthy and will start to invest.
Be open, honest, transparent, available and most of all consistent.
Good luck!
Andrew, thank you very much for your response. I love to network with people and I believe in doing business ethically. You have given me some great info to work with and I appreciate it very much.
@Jared Fontenot I agree 100% with @Andrew Campbell explanation. The key is to consistency - consistently putting yourself out there, communicating, networking, the whole 9 yards.
It would be helpful if you could provide details about what kind of deals are coming your way. Each niche is different and requires a different type of investor/networking strategy.
Jared Fontenot are you putting any of your own money in? How many other deals have you done?
@Omar Khan thank you for your info as well. That’s a great idea about sending previous examples of deals I’ve done. I really appreciate your reply.
@Jared Fontenot always make sure you have the deal under contract before reaching out to a HML. ALWAYS! Several of the smaller HML's I've reached out to (in efforts to get a flip loan) automatically rejected me because I had to have over a certain amount of income, credit, must have 10-25% down... so I had to assign the contract (but I didn't assign through the HML...). I ended up forming a property investment company and am currently talking with some buddies who may be partners in several deals
Moderator Note: Deal making is NOT allowed in the regular forums. We consider looking for or offering products, properties, or funding to be deal making.